Moody's on May 23 withdrew DSK Hyp AG's Aa2/P-1 long- and short-term bank deposit ratings, and Aa2/P-1 long- and short-term counterparty risk ratings.
The ratings agency also withdrew the Germany-based company's Aa2(cr)/P-1(cr) long- and short-term counterparty risk assessments, and "a3" baseline and adjusted baseline credit assessments.
The outlook on the company and its long-term bank deposit rating was stable prior to being withdrawn.
The agency withdrew the ratings for its own business reasons.
As of May 23, Sweden-based Skandinaviska Enskilda Banken AB holds a 100% stake in DSK Hyp, according to S&P Global Market Intelligence data.